Spirit Airlines extends equity rights offering deadline to Feb 20 in Chapter 11 case

Spirit Aviation Holdings, Inc.

Equity rights offering of $350M, originally expiring Jan 30, already extended to Feb 13, now further to Feb 20.
Deadline extended by 7 days in consultation with Required Backstop Commitment Parties; further extensions possible.
Spirit's stock (SAVEQ) trades on OTC Pink; NYSE delisting effective Dec 2024.
Chapter 11 cases (case no. 24-11988) filed Nov 2024 and are jointly administered.

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